Value-Add Retail with Potential to Rehab or Redevelop Site

Close to Chambers Rd., an 88,190 square foot value-add retail center is available for sale. On an 8.66 acre site, the property can potentially be rehabbed or redeveloped. The center was previously anchored by a grocery store and has a stoplit entrance on Florissant Ave. Metro Dialysis leases 6,817 square feet through June 2022 with 3.0% annual increases. The property can potentially be used as medical office, retail or traditional office space. A short drive from I-270, the property is close to a number of local and national retailers.

Dellwood is a small community on the north side of St. Louis, just south of I-270. The office is just north of Chambers Rd. and nearby businesses include Family Dollar, Walgreens and more.